現代風に言えば、国家資本主義state capitalismということだ

旧ソ連圏や中国の国営企業を見れば明かだが、大体、皆、公がやるビジネスは失敗する

http://www.panzertruppen.org/2010/economia/mh002.pdf
State Capitalism Comes of Age
The End of the Free Market?
May/June 2009
Ian Bremmer
IAN BREMMER is President of Eurasia Group. He co-authored The Fat Tail: The Power of
Political Knowledge for Strategic Investing with Preston Keat.
Click here to listen to a podcast of this article. [1]
Across the United States, Europe, and much of the rest of the developed world, the
recent wave of state interventionism is meant to lessen the pain of the current global
recession and restore ailing economies to health. For the most part, the governments of
developed countries do not intend to manage these economies indefinitely. However, an
opposing intention lies behind similar interventions in the developing world: there the
state's heavy hand in the economy is signaling a strategic rejection of free-market
doctrine.
Governments, not private shareholders, already own the world's largest oil companies
and control three-quarters of the world's energy reserves. Other companies owned by
or aligned with the state enjoy growing market power in major economic sectors in the
world's fastest-growing economies. "Sovereign wealth funds," a recently coined term
for state-owned investment portfolios, account for one-eighth of global investment, and
that figure is rising. These trends are reshaping international politics and the global
economy by transferring increasingly large levers of economic power and influence to
the central authority of the state. They are fueling the large and complex phenomenon
of state capitalism.